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Law Updates

The New Law of the Real Estate Registry

This week’s issue of the Official Gazette included the full text of the new Law of the Real Estate Registry issued by Royal Decree 56/2026. This law replaces the previous Statute of the Real Estate Registry issued by Royal Decree 2/98, and it is part of the ongoing reform of the legal framework of real estate in Oman.

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Law Updates

The Artificial Intelligence Special Zone in Muscat

Last week, His Majesty established by Royal Decree 50/2026 a special economic zone named the Artificial Intelligence Special Zone. With the advancements of AI in our society, the need for this special zone is fundamental. Questions might be asked: What is the legal status of a special zone? How will it be operated? How is this zone different from the recently established International Financial Centre of Oman (IFCO)? We will discuss all this in this blog post.

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Article

The New York Convention vs the Singapore Convention

This guest post is contributed by Raghd Al-Hosni—GRC Officer at OQAE.

The Sultanate of Oman is now a party to two of the most important international treaties governing cross border dispute resolution: The New York Convention, which deals with arbitration awards, and the Singapore Convention, which deals with settlement agreements resulting from mediation.

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Law Updates

The New National Geospatial Data and Information Law

The National Geospatial Data and Information Law was published under Royal Decree 43/2026. Even though the title of the law includes geospatial data, the bulk of the law speaks to surveys and the production and use of the map of Oman.

The law gives the National Survey and Geospatial Information Authority, which is a department of the Ministry of Defence, broad oversight over geospatial matters in the country. For example, you need permission from the authority to conduct surveys, to produce any map or atlas, to export geospatial data outside Oman, or to use the maps of Oman commercially.

Failure to comply with this law results in penalties up to 3 years of imprisonment and fines up to 30,000 Rial Omani.

Entities affected by the law have 6 months from its entry into force to bring themselves into compliance. 

You can read the National Geospatial Data and Information Law in full in English on the link below:

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Article

The LLC Liquidation Waterfall: Who Gets Paid First When an Omani Company Folds?

When a Limited Liability Company (LLC) in Oman starts liquidation, the distribution of its remaining assets is not a random process. Under the Commercial Companies Law, the Labour Law, and the Bankruptcy Law, there is a clear order of payment hierarchy that companies must follow to pay off all their debts.

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Article

Lex AI Update: Pinned Conversations, Search, and Notifications

We’ve designed the latest update to the Lex AI to match the pace of your professional life. Your legal research shouldn’t stop when you step away from your desk, so we’ve introduced several features that make managing complex queries on your phone more organised and responsive.

Organise Your Workflow with Pinned Conversations

Managing multiple research threads is now easier than ever. Your conversation list is now divided into Pinned and Recent sections, so your high-priority projects stay front and center.

  • Conversations Controls: We’ve added a simple “hold and press” gesture. Just long-press any conversation to pull up a menu of options to Rename, Delete, or Pin/Unpin your chats.
  • Search Within Chats: No more endless scrolling. You can now use the search bar within your conversation history to instantly find specific topics or past advice.

Smart Notifications for Deep Research

Because our new agentic search performs deep synthesis of Omani legislation, complex answers can take a moment to generate. You no longer need to wait inside the app. Simply submit your query and switch to other tasks and Lex AI will send a push notification to your phone and allows you to receive notifications on the desktop as soon as your response is ready.

These updates are live for all users on both iOS and Android as well as the web version of Lex AI. Update your app on the App Store or Google Play Store to get started.

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Article

Five Things You Didn’t Know About the Oman-India CEPA

The Comprehensive Economic Partnership Agreement Between the Government of the Sultanate of Oman and the Government of the Republic of India was ratified on February 15th of 2026. The main goal of it is to strengthen the bilateral trade agreement, this means to enhance investment ties between the two countries by reducing trade barriers like custom duties on imported goods.

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Article

Four Things You Need To Know about E-Signatures in Oman

The Electronic Transactions Law sets the ground rules for how electronic signatures, trust services, and digital authentication work. Whether you’re signing a contract online, running a business, or simply curious about your digital rights, understanding this law matters. This blog post will highlight four key provisions found in the law.

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Announcements

IOS App Update: Introducing Conversation History

Research is a continuous journey, and your tools should keep pace with every new discovery. To support this, we’ve introduced Conversation History to Decree.om app, allowing you to manage your research threads with ease.

Pick up where you left off You can now access your previous chats at any time. Whether you’re returning to a complex query from yesterday or double-checking a summary from last week, your entire research history is now at your fingertips.

Organize and declutter To help you stay focused, we’ve added tools to customize your conversations list:

  • Rename Chats: Give your conversations specific titles (e.g., “Labor Law Compliance” or “RD 53/2023 Analysis”) so you can find them instantly.
  • Delete Conversations: Easily remove old threads to keep your research area clean and relevant.

These features are designed to make Lex AI not just a search tool, but a long-term partner in your legal workflow.

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Law Updates

FSA Adopts IFRS S1 and IFRS S2

The Financial Services Authority published in this week’s issue of the Official Gazette Decision E/7/2026 adopting IFRS S1 and IFRS S2, the international sustainability disclosure standards, for listed public joint-stock companies and financial institutions in Oman.

This decision is the latest in a series of moves by the FSA to align Oman’s financial sector with internationally recognised standards. Earlier last year, the FSA issued Decision E/2/2025, which made IFRS the mandatory model for preparing and auditing financial statements in Oman. The latest decision extends that same approach to sustainability, requiring companies to disclose how climate and sustainability-related risks affect their business.

Both standards must be fully applied from 1 January 2029, with the exception of scope 3 under IFRS S2, which covers indirect greenhouse gas emissions, and which must be applied from 1 January 2030. The FSA will also issue forms to guide companies through implementation. Failure to comply can result in penalties ranging from a warning to being struck off the Accountants and Auditors Register.

This decision comes into force as of tomorrow. You can read the text of the decision in full on the link below:

Financial Services Authority: Decision E/7/2026 Adopting the Two International Standards on Sustainability Disclosures